Market News
Dodgy Home Appraisals Are Making a Comeback
Wall Street Journal - 2 Dec 2014 07:22
Home appraisers are inflating the value of some properties they assess, often at the behest of loan officers and real-estate agents, in what industry executives say is a return to practices seen before the financial cris...
Earnings Increase Expected for Kroger
Forbes - 2 Dec 2014 21:00
Analysts expect higher profit for Kroger when the company reports its third quarter results on Thursday, December 4, 2014. The consensus estimate is calling for profit of 61 cents a share, reflecting a rise from 53 cents...
Twitter's Top Brass Dump Shares In November, Costolo Slashed Stake By Half
Forbes - 2 Dec 2014 00:29
It was a big month for redemptions at Twitter: top executives including CEO Dick Costolo and cofounders Jack Dorsey and Ev Williams sold nearly $50 million-worth of stock in November.
Tuesday Sector Laggards: Consumer Products, Technology & Communications
Forbes - 2 Dec 2014 21:33
The worst performing sector as of midday Tuesday is the Consumer Products sector, higher by 0.2%. Within that group, Coach (NYSE: COH) and Monster Beverage (NASD: MNST) are two of the day's laggards, showing a loss of 3....
Attention Insider Traders: These Wall Street Vets May Have The Tech To Nail You
Forbes - 2 Dec 2014 21:05
As part of his punishment for what authorities call the most profitable insider trading scheme in history, Matthew Martoma had his Thanksgiving meal in FCI Miami—the prison that he checked into on November 20th. The fo...
Two sub-investment grade dollar bond issues fail to close
livemint.com - 2 Dec 2014 21:04Loss Expected to Widen for Aeropostale
Forbes - 2 Dec 2014 21:00
Aeropostale is expected to book a wider loss than a year ago when it reports third-quarter earnings on Wednesday, December 3, 2014. Analysts are expecting a loss of 45 cents per share, down from a loss of 29 cents per sh...
Abercrombie & Fitch EPS Expectations Down Over Past Month
Forbes - 2 Dec 2014 21:00
Analysts have become increasingly bearish on Abercrombie & Fitch in the month leading up to the company's third-quarter earnings announcement scheduled for Wednesday, December 3, 2014. The consensus analyst estimate has ...
Barnes & Noble Earnings Projected to Increase
Forbes - 2 Dec 2014 21:00
Wall Street is optimistic about Barnes & Noble, which is slated to report its second quarter results on Thursday, December 4, 2014. Analysts project a profit of 17 cents a share, a rise from 15 cents per share a year ago...
Anticipated Earnings Increase for PVH Corp
Forbes - 2 Dec 2014 21:00
Optimism surrounds PVH Corp, as it gets ready to report its third quarter results on Wednesday, December 3, 2014. Analysts are expecting the company to book a profit of $2.49 a share, up from $2.30 a year ago.The consens...
Smith & Wesson Holding Profit Expected to Slip
Forbes - 2 Dec 2014 21:00
Despite an expected dip in profit, analysts are generally optimistic about Smith & Wesson Holding as it prepares to reports its second-quarter earnings on Thursday, December 4, 2014. The consensus earnings per share esti...
A Look At The Country's Largest Card Lenders: Credit Card Charge-Off Rates
Forbes - 2 Dec 2014 20:44
What stands out here is the difference in these rates for Citigroup, which reported card loan charge-offs of almost 4% in Q3 2014, compared to American Express, which reported a figure of just 1.5%. The reason for this i...
Preview: American Eagle Likely Outperformed On Slower Sales Declines And Better Margins y Improved
Forbes - 2 Dec 2014 20:41
While American Eagle?s comparable sales decline still remains significant, improvement in the third quarter results cannot be ignored. The company was able to operate with fewer markdowns amid a highly promotional retail...
Here's Why Changing Market Dynamics Should Worry Alibaba's Investors
Forbes - 2 Dec 2014 20:35
The Chinese online shopping market can be broken down into consumer-to-consumer (C2C) and business-to-consumer (B2C) segments. While C2C sales comprised for around 60% of the market in 2013, its share is expected to drop...
Welcome To Brazil: The Effect Of Immigration On The Country's Economy
Forbes - 2 Dec 2014 20:32
With immigration on (or near) the top of everyone’s minds in the U.S. lately, I thought it would be helpful to take a look at immigration’s effect on Brazil. A continuous inflow of highly qualified immigrants is a ke...
What Plunging Oil Prices Mean For US Consumers, Petroleum Producers, Oil Service Companies
IBTimes - 2 Dec 2014 19:31
Energy analysts are wondering how low crude oil prices will fall after the more than 3 percent drop in global prices on Black Friday. The international benchmark for crude oil, known as Brent blend, dipped below $70 a ba...
Dow Jones Industrial Average, S&P 500 Index Rebound On Strong Auto Sales And Construction Spending
IBTimes - 2 Dec 2014 19:31
U.S. stocks rebounded on Tuesday, following the prior day's losses, boosted by better-than-expected construction spending in October, along with strong auto sales last month from Ford Motor Company, Chrysler Group and Ge...
Don't Forget the Rails in 2015
Forbes - 2 Dec 2014 19:16
The stock market had an early ugly start to the new month, though, by the close, the losses were not that severe. Market internals were 3-1 negative, which dropped the McClellan oscillator to -148 as the zero line was de...
Oil heads lower again, global stocks move higher
livemint.com - 2 Dec 2014 18:54
Brent crude drops to $71.69 a barrel, while US crude oil falls to $68.10; MSCI's global share index rises 0.2%
Why Disney Is Poised for Double-Digit Gain
Forbes - 2 Dec 2014 18:31
Merchandise sales for last year’s megahit movie Frozen are not the reason Disney (DIS) stock is soaring, but they aren’t hurting things. Likewise the success of this holiday season’s screen fare, Big Hero Six and i...
Petrol prices in India lower than in many countries
livemint.com - 2 Dec 2014 17:09
Petrol prices in India are still lower than those in China, Japan, Brazil, the UK, Turkey and Norway
Ford Lags Competition As Big Three Report Mixed November Auto Sales
Forbes - 2 Dec 2014 17:05
Ford Motor sales declined 1.8% last month compared to November 2013, the company reported Tuesday. While a slip was anticipated the 187,000 vehicles sold was a weaker showing than anticipated. The automaker's namesake ...